The Panama Canal Authority (ACP) has received six bids for the third of four dry excavation contracts under its Canal Expansion Program.
The submissions will be thoroughly reviewed and a winner will be determined later this month for this next phase of the project. The scope of work included in the contract encompasses the excavation, removal and disposal of eight million cubic meters of material. It also calls for the construction of approximately 2.5 kilometres of access and the clearing of 190 hectares of land bearing munitions and explosives of consideration (MEC), remnants from former US military training in Panama. Ultimately, when this and the fourth contract are completed, a critical access channel linking the new Pacific locks with the Canal’s existing Gaillard Cut (the narrowest stretch of the Panama Canal) will have been created. Similar to the first and second dry excavation projects, this contract will be awarded to the firm with the lowest-priced bid that meets all of the requirements stated in the request for proposals. “With the prices offered today by the bidders for this contract, the Canal’s Expansion program remains on-track and on-budget,” said Executive Vice President of Engineering and Program Management Jorge L Quijano.
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